The TrueCrypt website has been changed it now has a big red warning stating "WARNING: Using TrueCrypt is not secure as it may contain unfixed security issues". They recommend using BitLocker for Windows 7/8, FileVault for OS X, or (whatever) for Linux.
So, what happened? The TrueCrypt site says:
This page exists only to help migrate existing data encrypted by TrueCrypt.
The development of TrueCrypt was ended in 5/2014 after Microsoft terminated support of Windows XP. Windows 8/7/Vista and later offer integrated support for encrypted disks and virtual disk images. Such integrated support is also available on other platforms (click here for more information). You should migrate any data encrypted by TrueCrypt to encrypted disks or virtual disk images supported on your platform.
Did the TrueCrypt devs (or SourceForge?) get a NSL? They are offering a "new" version (7.2), but apparently the signing key has changed and a source code diff seems to indicate a lot of the functionality has been stripped out. What's up?
I have to agree - it seems to me that the most likely scenario is LavaBit all over again:
Truecrypt has been a hugely valuable tool for millions of people. It is cross-platform and it is absolutely easy to use. I've tried other solutions out there, and no other platform independent solution is nearly as good on the usability front - and usability is critical to security applications or else people won't bother with them...
We need Truecrypt, or an equivalent replacement...